Two countries India and China have the most tariffs but no inflation, an American businessman nominated by US President Donald Trump to be his commerce secretary told lawmakers on Thursday, making a point that there is no relationship between tariffs and inflation.

US commerce secretary nominee Howard Lutnick highlights that India and China have the highest tariffs without inflation, challenging common economic beliefs.

Donald Trump's commerce secretary nominee told his US Senate confirmation hearing he favors "across-the-board" tariffs while signaling a hawkish China stance.

The US will impose tariffs on the countries that “harm” America, President Donald Trump has said, as he named China, India and Brazil as high-tariff countries. “We’re going to put tariffs on outside countries and outside people that really mean harm to us.